IRVING, Texas--(BUSINESS WIRE)--Vantage Energy Acquisition Corp. (the “Company”), an energy-focused
special purpose acquisition entity formed for the purpose of entering
into a merger, capital stock exchange, asset acquisition, stock
purchase, reorganization or similar business combination with one or
more businesses, today announced the pricing of its initial public
offering of 48,000,000 units at a price of $10.00 per unit. The units
will be listed on the NASDAQ Capital Market and trade under the ticker
symbol “VEACU” beginning April 11, 2017. Each unit consists of one share
of the Company’s Class A common stock and one-third of one warrant, each
whole warrant enabling the holder thereof to purchase one whole share of
Class A common stock at a price of $11.50 per share. Once the securities
comprising the units begin separate trading, the Class A common stock
and warrants are expected to be listed on the NASDAQ Stock Market under
the symbols “VEAC” and “VEACW,” respectively.

Citigroup, Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co.
are serving as the underwriters for the offering. The Company has
granted the underwriters a 45-day option to purchase up to an additional
7,200,000 units at the initial public offering price to cover
over-allotments, if any.

A registration statement relating to the securities has been declared
effective by the SEC on April 10, 2017. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.

This press release contains statements that constitute “forward-looking
statements,” including with respect to the proposed initial public
offering and the anticipated use of the net proceeds. No assurance can
be given that the offering discussed above will be completed on the
terms described, or at all, or that the net proceeds of the offering
will be used as indicated. Forward-looking statements are subject to
numerous conditions, many of which are beyond the control of the
Company, including those set forth in the Risk Factors section of the
Company’s registration statement and preliminary prospectus for the
Company’s offering filed with the Securities and Exchange Commission
(“SEC”). Copies are available on the SEC's website, www.sec.gov.
The Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as required
by law.